Sprint/T-Mobile Merger Would Destroy Wireless Competition, Kill Jobs and Harm Low-Income Families

Sprint and T-Mobile have begun preliminary talks to work toward a merger. The deal, if approved, would join the third- and fourth-largest US wireless companies, which together would serve 132 million subscribers.

Free Press' Craig Aaron said, “While we need more competition in the mobile-internet market, it's undeniable that these moves have given people more choice and fairer prices. That never would have happened had the Federal Communications Commission approved AT&T’s T-Mobile takeover or signaled to Sprint a willingness to approve a merger like this one in 2014. The competition between Sprint and T-Mobile is particularly important for lower-income families, many of whom rely on mobile as their only home-internet connection. If Sprint and T-Mobile merge, prices will spike and the digital divide will widen. The legal standard for approving giant mergers like this is not whether Wall Street likes it. Communications mergers must enhance competition and serve the public interest. This deal would do just the opposite: It would destroy competition and harm the public in numerous irreversible ways. So unless Ajit Pai wants his tenure at the FCC to go down as the worst for consumers in the agency’s 83-year history, the chairman should speak out and show us he’s willing to do more than rubber-stamp any harmful deal that crosses his desk.”